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Feb 16, 2013
02/13
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we don't care where it goes it will be good for the economy. guess what, you fund solyndra instead of shovel ready projects. i will say this: the president is at his worst when he is most liberal. when the republicans actually won the house and picked up seats in the senate it's when he pushing for his big government agenda. when he backed off of that, that is when barack obama seems more reasonable. i think he is going to shoot himself in the foot with this stuff. >> neil: this is part of a much bigger problem that is coming across from prominent democrats not only avoiding the spending problem but dismissing it as problem at all. >> it is almost a false argument to say that we have a spending problem. >> i want to disagree with those that say we have a spending problem. when they talked about that, it's like there is an assumption somehow we as a nation is broke. >> neil: what do you think of that? >> i just could sense in my bones we were coming to nancy pelosi first on this subject. >> neil: i could have picked half a dozen prominent democr
we don't care where it goes it will be good for the economy. guess what, you fund solyndra instead of shovel ready projects. i will say this: the president is at his worst when he is most liberal. when the republicans actually won the house and picked up seats in the senate it's when he pushing for his big government agenda. when he backed off of that, that is when barack obama seems more reasonable. i think he is going to shoot himself in the foot with this stuff. >> neil: this is part...
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Oct 23, 2013
10/13
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. >>> in another job's report yesterday and disappointing jobs report, this economy is not creating the jobs that the american people are looking for and their wages are stagnant and part of the problem is that we have got the whole threat of obama care continuing to hang over our economy like a wet blanket. >> the last point is what the speaker was talking about. the threat of jobs is obama care. and the white house insists that the obama care is not affecting full- time in america. stephen moore senior economic's writer for the wall street journal. and good morning to you. i am still on american newsroom time. is it true or not. are part- time workers affected in america or not? >> let me start with the big picture. we got a humdrum jobs report and this follows a pattern we have seen four years of job growth one- half each month of what we expect. we now have 90,000,000 americans and adults who are not working. >> 90 million adults are not working? you never heard that number before? >> it is in our editorial today. you got to read. it that is a big problem and so people understand wh
. >>> in another job's report yesterday and disappointing jobs report, this economy is not creating the jobs that the american people are looking for and their wages are stagnant and part of the problem is that we have got the whole threat of obama care continuing to hang over our economy like a wet blanket. >> the last point is what the speaker was talking about. the threat of jobs is obama care. and the white house insists that the obama care is not affecting full- time in...
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Oct 17, 2013
10/13
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economy is not out of the woods. last night's deal doing nothing for the country's existing economic challenges. look being at the big board and see how we are doing. the dow is down marginally. and things could change. melissa francis host of money with melissa francis joins us now live. ni. >> the global rating firm was rated in chicago. it was lower to a- minus and pitch threatening to lower the rating. how influential is it. >> it follows a lot of talk that we heard out of china saying that we haven't been responsible in terms of getting our financial house in order and it goes beyond the recent conflict. it is more about not spending within our means and for a long time china is threatening to stop buying our bonds. we haven't sewn that happen yet. >> the doggong gives a statement to bloomberg. the u.s. government huge debts and lacking a basis for repayment and brink of default is difficult to change in the long-term and u.s. debt will further impair the federal government's solvensy. >> without question, it is
economy is not out of the woods. last night's deal doing nothing for the country's existing economic challenges. look being at the big board and see how we are doing. the dow is down marginally. and things could change. melissa francis host of money with melissa francis joins us now live. ni. >> the global rating firm was rated in chicago. it was lower to a- minus and pitch threatening to lower the rating. how influential is it. >> it follows a lot of talk that we heard out of china...
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Dec 1, 2013
12/13
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and how the economy is doing? are there more sales tomorrow? >> the problem is you have to look at overall sales. and we did see foot traffic decline over black friday and thanksgiving. so you have to look at it all together. we're only expecting about a 2.4 increase in sales over last year, that's not great. >> so when you say foot traffic decline, you mean there are fewer people in the stores on friday? >> fewer people and they were going online. because on thanksgiving and on black friday each day, we saw an increase of onlightning sales of 20% over last year. and last cyber monday, in 2012, biggest online shopping day in history. so we're expecting to top that this week. >> so bottom line when you see, as we go through the next few weeks with christmas coming and all that, how do you see it impacting the economy? >> this is an incredibly important time for retailers. a lot of them make about 40% of their profits during this time alone. and it's a shorter sales season now because thanksgiving was ly later, it i
and how the economy is doing? are there more sales tomorrow? >> the problem is you have to look at overall sales. and we did see foot traffic decline over black friday and thanksgiving. so you have to look at it all together. we're only expecting about a 2.4 increase in sales over last year, that's not great. >> so when you say foot traffic decline, you mean there are fewer people in the stores on friday? >> fewer people and they were going online. because on thanksgiving and...
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Nov 9, 2013
11/13
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so iran wants us to lift sanctions so they can improve their economy. and they want to improve their nuclear capabilities. a will make them the strongest henchmen in the middle east. what are we likely to give them? i think we have all right indicated that we are lifting the sanctions, there's been some indications that the obama administration has been lifting the sanctions for the last several months. so the iranians are getting what they want. other countries in the region, they're not going to look at a deal and say, oh, great, iran's no longer going to be a nuclear weapons state. maybe technically iran won't be, but in fact they are. so we are going to nuke up, we are going to get our own nuclear weapons. the saudis have already said they have got on order. >> turkey and egypt will get on board with the same thing. >> turkey, egypt and whether you're going to see them, greg, in the middle east, the most unstable part of the world is going to have the world's most lethal weapons. and as long as we get our oil from that part of the world, we're going
so iran wants us to lift sanctions so they can improve their economy. and they want to improve their nuclear capabilities. a will make them the strongest henchmen in the middle east. what are we likely to give them? i think we have all right indicated that we are lifting the sanctions, there's been some indications that the obama administration has been lifting the sanctions for the last several months. so the iranians are getting what they want. other countries in the region, they're not going...
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Oct 7, 2013
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still owns the economy. so today he made minor signs that he might cave by saying he accept a short extension. >> helen, did you hear the president say he might negotiate higher? >> he had speaker boehner at the white house for 80 minutes. what more do you want? and speaker boehner can pick up the phone. it needs to be brought up for a vote. the continuing resolution, a clean resolution. lead er hoyer said all democrat would vote for it and they have 21 or 22 republican votes for a clean continuing resolution. why isn't this happening? >> it sounds like they are at this impasse. they could just vote on it. they both say they don't want to hit the debt ceiling and they don't want the government shut down. are they telling the truth? >> no. they are not. president obama is basically okay with hitting the debt ceiling, again, because he has nothing to lose politically. he hopes to demagogue his way into a house that's democratic in 2014. the biggest problem is simple. why not just fund the government piecemeal?
still owns the economy. so today he made minor signs that he might cave by saying he accept a short extension. >> helen, did you hear the president say he might negotiate higher? >> he had speaker boehner at the white house for 80 minutes. what more do you want? and speaker boehner can pick up the phone. it needs to be brought up for a vote. the continuing resolution, a clean resolution. lead er hoyer said all democrat would vote for it and they have 21 or 22 republican votes for a...
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Oct 6, 2013
10/13
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got to have that, got to get the government back running and focus this thing on growing the economy and then, i think, you can get the house to go along with it. >> all right. our political insider as always, thank you so much. we're all coming down on your dime, pal. right now, you can get more from political insiders every monday, 10:30 a.m. eastern at live.foxnews.com. that will do it for us. thank you for being with us. "a healthy you & carol alt" is coming up next. [ woman #1 ] why do i cook? ♪ because an empty pan is a blank canvas. ♪ [ woman #2 ] to share a moment. ♪ [ man #1 ] to remember my grandmother. [ woman #3 ] to show my love. ♪ [ woman #4 ] because life needs flavor. ♪ [ woman #5 ] to travel the world without leaving home. [ male announcer ] whatever the reason. whatever the dish. make it delicious with swanson. [ woman #1 ] that's why i cook. that's a good thing, but it doesn't cover everything. only about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insuranc
got to have that, got to get the government back running and focus this thing on growing the economy and then, i think, you can get the house to go along with it. >> all right. our political insider as always, thank you so much. we're all coming down on your dime, pal. right now, you can get more from political insiders every monday, 10:30 a.m. eastern at live.foxnews.com. that will do it for us. thank you for being with us. "a healthy you & carol alt" is coming up next. [...
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Oct 5, 2013
10/13
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how could that impact our economy? that's coming up for you next. ♪ all right, let's go ♪ shimmy, shimmy chocolate ♪ shimmy, shimmy chocolate ♪ we, we chocolate cross over ♪ yeah, we chocolate cross over ♪ [ male announcer ] fiber one 80 calorie chocolate cereal. ♪ chocolate it's been a happy union. he does laundry, and i do the cleaning. there's only two of us... how much dirt can we manufacture? more than you think. very little. [ doorbell rings ] [ lee ] let's have a look, morty. it's a sweeper. what's this? what's that? well we'll find out. we'll find out. [ lee ] it goes under all the way to the back wall. i came in under the assumption that it was clean. i've been living in a fool's paradise! oh boy... there you go... morty just summed it up. the next 44 years we'll be fine. >>> a fox news alert. we continue to report on the government shutdown and what will happen with all those workers who are furloughed. now at this point the associated press is reporting that the pentagon plans to bring most of
how could that impact our economy? that's coming up for you next. ♪ all right, let's go ♪ shimmy, shimmy chocolate ♪ shimmy, shimmy chocolate ♪ we, we chocolate cross over ♪ yeah, we chocolate cross over ♪ [ male announcer ] fiber one 80 calorie chocolate cereal. ♪ chocolate it's been a happy union. he does laundry, and i do the cleaning. there's only two of us... how much dirt can we manufacture? more than you think. very little. [ doorbell rings ] [ lee ] let's have a look,...
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Oct 5, 2013
10/13
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what impact is there on the economy? >> sure of the two the government shutdown which had a massive impact is relatively small compared to what could be down the pipeline. it is affecting us by an estimated $300 million a day and 800,000 government employees, have of which work in the department of defense are now without pay. >> they will get back pay now by virtue of a recent bill passed by congress. the one that is dire though is the october 17th debt ceiling deadline in which the government would no longer be authorized to print money or make payments. could the u.s. actually default on its debt? if so, what impact would that be? >> we can hope that this remains within just speculation and that our leaders in washington actually lead. the effect as we can speculate would be absolutely catastrophic. we are the largest and most powerful global economy. so for us to default on our debts would have a massive global impact. interest rates would spike. the dollar would plummet. private lending would freeze and stock market
what impact is there on the economy? >> sure of the two the government shutdown which had a massive impact is relatively small compared to what could be down the pipeline. it is affecting us by an estimated $300 million a day and 800,000 government employees, have of which work in the department of defense are now without pay. >> they will get back pay now by virtue of a recent bill passed by congress. the one that is dire though is the october 17th debt ceiling deadline in which...
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Jan 26, 2013
01/13
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the new ram 1500 with best-in-class fuel economy. guts. glory. ram. motor trend's 2013 truck of the year. >> arthel: it may seem like every time you buy a smartphone a new one with flashier features hits the market and it timing could be everything, when it comes to bang for your smartphone bucks. >> rick: "consumer reports" has the new models and mike is here to show us what they can do and you brought new sonys with you. brand new. >> you can't even buy them yet. they are so new and an armed guard is outside making sure i give it back to them. >> rick: what is this here? up on camera. >> the sony experia-ion-z, and it has -- you will see this a lot, a high resolution display, and five inch screen and a lot of other features -- oops! >> rick: it is in water! not good. >> mr. sony will get mad at me, maybe not. you see, another thing you see on phones now. this phone has a waterproof barrier. it is some film and seals to keep water out for up to 30 minutes and you will not go skin diving with it but it is great for -- >> rick: that was intentional. ju
the new ram 1500 with best-in-class fuel economy. guts. glory. ram. motor trend's 2013 truck of the year. >> arthel: it may seem like every time you buy a smartphone a new one with flashier features hits the market and it timing could be everything, when it comes to bang for your smartphone bucks. >> rick: "consumer reports" has the new models and mike is here to show us what they can do and you brought new sonys with you. brand new. >> you can't even buy them yet....
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Jan 20, 2013
01/13
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offer. >>> we don't think the short term is smart for the economy. two or three months has uncertainty. we are please today see the republicans in the house drop their previous position which was, they were only going to pay the bills they racked up if they got what they wanted in deep spending cuts in medicare and other programs. that is progress. >> reporter: starting a new term president obama has reluctance will ri he is the one politician in washington who does not have to run for reelection. it be interesting to see what he wants to do to try to push big things across the finish line. >> gregg: some say you automatically become a lame duck when you get sworn in which was today. mike, thanks very much. >> heather: well, the gun control debate spilling on the airwaves today where we got new reaction from lawmakers on both sides of the aisle. while gun control advocates and gun enthusiasts can agree on things like background checks but details it can get heated. here is one senator slamming the president's use of executive actions. >> he likes the
offer. >>> we don't think the short term is smart for the economy. two or three months has uncertainty. we are please today see the republicans in the house drop their previous position which was, they were only going to pay the bills they racked up if they got what they wanted in deep spending cuts in medicare and other programs. that is progress. >> reporter: starting a new term president obama has reluctance will ri he is the one politician in washington who does not have to...
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Sep 30, 2013
09/13
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but the world economy. so i suspect that i will be spoking to the leaders today, tomorrow and the next day. but there is a pretty straightforward solution to this. if you set aside the short- term politics, and you look at long- term here, it simply requires that everybody is to act responsibly and do what is right for the more than people. all right. thank you very much, everybody. >> and now from the white house, his words not at all. and he will speak with congressional leaders throughout the day. and he's meeting with the israel prime minister benjamin netanyahu and we'll talk to john polton in a matter of minutes on that topic. >> what will the senate do today? we are expecting votes tone 2 and 5 east other than today. what happens next. we'll ask the chairman of the senate republican policy, senator, hello. >> hello. >> let me get you to respond to what the president just said. you perhaps just heard him. i am open and eager to negotiations on the budget. but we need to sit down in good faith without
but the world economy. so i suspect that i will be spoking to the leaders today, tomorrow and the next day. but there is a pretty straightforward solution to this. if you set aside the short- term politics, and you look at long- term here, it simply requires that everybody is to act responsibly and do what is right for the more than people. all right. thank you very much, everybody. >> and now from the white house, his words not at all. and he will speak with congressional leaders...
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Nov 9, 2013
11/13
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so it's really not unusual for the unemployment rate to tick up as the economy gets better. as far as this group is concerned, look, these are very hard working, educated people. we need to find an environment where we can use their skill sets. i've hired two myself in my first in the last two years. >> because the confidence is building. >> quality, hard working people. >> maybe this is a psychological situation. maybe these people have just been sitting out on the sidelines or frustrated for so long that they're thinking what's the point. >> i emphasize hard working people. all of a sudden, they don't have a job. i think as an employer, something like myself, you have to go look past. maybe they don't have the perfect skill set. they're bringing other value to their company that can be tremendous over the next 10, 15 year. i'd be able to hire employees i would have never deeped of hiring because they're available. >> if you can, can you hire a veteran? i'm saying because it's veterans weekend and veterans day is coming but the fact is the skill set, the commitment and disc
so it's really not unusual for the unemployment rate to tick up as the economy gets better. as far as this group is concerned, look, these are very hard working, educated people. we need to find an environment where we can use their skill sets. i've hired two myself in my first in the last two years. >> because the confidence is building. >> quality, hard working people. >> maybe this is a psychological situation. maybe these people have just been sitting out on the sidelines...
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Jan 27, 2013
01/13
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>> growing the economy. >> they are the most strategic group of people. though can not figure out what they believe in and how to fight obama. >> are they on the wrong side of social issues? >> shear what they should do. they could be on some of it but it is not the social issues but the big questions. the country is going broke. and want not be big government but they cannot frame it in a way that says we don't care. >> what about speaker boehner and mcconnell and the leadership. >> there is no pro growth agenda to create jobs. there is nothing aspirational. you are right on social issues. there is no tolerance. bottom line, there is nothing for a voter to --. >> here is speaker boehner, react to what he said about the president. take a listen to this. >> so, we over the next 22 months, we will be the focus of this administration, as they attempt to annihilate the republican party. let me just say, i do believe that is their goal, to shove us into the dust bin of history. >>gregg: is he right? >> of course, but what president doesn't try to annihilate th
>> growing the economy. >> they are the most strategic group of people. though can not figure out what they believe in and how to fight obama. >> are they on the wrong side of social issues? >> shear what they should do. they could be on some of it but it is not the social issues but the big questions. the country is going broke. and want not be big government but they cannot frame it in a way that says we don't care. >> what about speaker boehner and mcconnell and...
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Mar 9, 2013
03/13
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the fact is the economy is starting to improve. if we accept a second tier of the largest tax increase for the second largest tax increase in history, the economy is going to further weaken. it's a huge mistake and republicans won't go along with it. >> arthel: bernard, i give you 20 seconds because economists say now is not the time to cut spending. >> we'll have to have spending cuts. but the spending cuts in the way the sequester hasn't happened across the board, randomly, not targeted. not allowing us to invest in education and first responders is improper. >> oh, come on. >> you're talking about obamacare, that's over and done with. >> no, i'm not. it's a payroll tax increase. it's a payroll tax increase. >> arthel: guys, i just got in my ear that i have to cut this short. so i appreciate the spirited debate. i want it to keep going, but i can't. matt, bernard, thank you very much to both of you for expressing your perspectives. >> thank you. >> gregg: spirited. interesting. thanks. drivers in cleveland told to stay off an int
the fact is the economy is starting to improve. if we accept a second tier of the largest tax increase for the second largest tax increase in history, the economy is going to further weaken. it's a huge mistake and republicans won't go along with it. >> arthel: bernard, i give you 20 seconds because economists say now is not the time to cut spending. >> we'll have to have spending cuts. but the spending cuts in the way the sequester hasn't happened across the board, randomly, not...
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Dec 14, 2013
12/13
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i hope the economy does well. it's going to be a tough beginning of next year for some of these retailers. >> go out and shop but don't get into debt. >> help me out again before we go, how much do you hate shopping? >> i hate shopping, but i'll do it, will go and do it. >> you're a good man. >> got to support the economy. >> i love that. so much honesty in this hour. well, houston has a problem. there is a unit on the international space station that is now failing. i'm not talking about about the movie about space. this is the real deal. how dangerous is it for the crew? we're going to look at this developing story with scientists and experts, someone who really knows next. >>> there is trouble aboard the international space station. nasa's mission control has launched several so-called tiger teams that work around the clock, trying to figure out how to fix a faulty cooling pump. for now, the crew, including two americans, is safe. nasa says they need to do an emergency spacewalk. that is pretty risky. our guest
i hope the economy does well. it's going to be a tough beginning of next year for some of these retailers. >> go out and shop but don't get into debt. >> help me out again before we go, how much do you hate shopping? >> i hate shopping, but i'll do it, will go and do it. >> you're a good man. >> got to support the economy. >> i love that. so much honesty in this hour. well, houston has a problem. there is a unit on the international space station that is now...
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Apr 13, 2013
04/13
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both want the economy to flourish. we've given the upper hand to the employees, not the employers. loosen the shackles on them not only so the i stock mact contins to rise so unemployment comes down. >> so is it good, jonathan, that the dow jones closed friday at close to 15,000? >> exactly. this is probably the one o one d leading indicator we have. we don't see it in jobs. we're starting to see the market, the stock market obviously hit new all time highs. this is a positive harbinger, and despite a long period of high unemployment, you know, long term unemployment has doubled under the president, more than doubled. you'll finally start to see some of those indicators come down and start to see employment rise as the stock market continues to climb. >> jonathan, thank you very much. >> thank you. >>> a warm home coming for one group of soldiers returning from the battle fields of afghanistan. families and friends greeting more than a dozen members of an engineering group with the kentucky national guard after their nine-month deployment. most of them said they are very thankful t
both want the economy to flourish. we've given the upper hand to the employees, not the employers. loosen the shackles on them not only so the i stock mact contins to rise so unemployment comes down. >> so is it good, jonathan, that the dow jones closed friday at close to 15,000? >> exactly. this is probably the one o one d leading indicator we have. we don't see it in jobs. we're starting to see the market, the stock market obviously hit new all time highs. this is a positive...
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Jul 20, 2013
07/13
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. >> do you believe the affordable care act is dragging the economy or slowing the economy down at all with the transition that we are going through and the effort -- >> it is hard to make any judgment. you asked about the part-time -- one thing we hear -- you know, in the commentary we get is that some employers are hiring part time in order to avoid the mandate. >> that's federal reserve chairman ben bernanke talking about the impact of president obama's health care law on the economy. newly released labor department report shows number of full-time workers dropped last month while the number of part-time workers soared to record levels. so how can we expect the job market to respond to the big changes coming from obama care? ed joins us to weigh in on this issue. it is good to have you. let's get right to it. what do you see on the horizon of obama care as it relates to our economy and also what employers will decide to do in the future? >> yeah. mine, i tell you the a great subject. you don't immediate your phd in economics to understand that reason we have more part-time workers i
. >> do you believe the affordable care act is dragging the economy or slowing the economy down at all with the transition that we are going through and the effort -- >> it is hard to make any judgment. you asked about the part-time -- one thing we hear -- you know, in the commentary we get is that some employers are hiring part time in order to avoid the mandate. >> that's federal reserve chairman ben bernanke talking about the impact of president obama's health care law on...
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Dec 26, 2013
12/13
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wait a minute, you will hurt the economy by raising the minimum wage. that is not job creation. that is job lawsuits. employers will have to fire people if they do more. >> what you said about americans and confidence and in the government assistance, health carry shoes us one thing. americans are distrusting the government helping hand and that's what democrats will have to deal with. and number two, it is exactly what you just said. democrats will have to find a way to pay for the benefits and republicans can argue they are not paid for right now. and republicans can argue, if the economy is recovering, the worst thing to do is give people who are in the market looking for jobs a reason to stay on the sloin and then all of those people will come out of government assistance and go to jobs. cost-effectiveness and get the economy moving instead of a benefit. >> politicalo has an interesting piece and what they are worried about. all of them deal with obama care and people who just didn't sign up and people who thought they signed up and really didn't. and they are going to find
wait a minute, you will hurt the economy by raising the minimum wage. that is not job creation. that is job lawsuits. employers will have to fire people if they do more. >> what you said about americans and confidence and in the government assistance, health carry shoes us one thing. americans are distrusting the government helping hand and that's what democrats will have to deal with. and number two, it is exactly what you just said. democrats will have to find a way to pay for the...
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Feb 2, 2013
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. >> everybody knows the economy has gone through a tough time. now middle aged couples are starting to feel the pinch and we will tell you why. that's straight ahead. >>> new orleans is getting ready for tomorrow's big game. but you know what? it's also mardi gras time. you might recognize their intricate costumes. who are the mardi gras indians? we will introduce you. >> can't wait. the capital one cashgives you 1% cash b, plus a 50% annual bonus. and everyone but her likes 50% more cash, but i have an idea. do you want a princess dress? yes. cupcakes? yes. do you want an etch-a-sketch? yes! do you want 50% more cash? no. you got talent. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. what's in your wallet? i usually say that. to help protect your eye health as you age... would you take it? well, there is. [ male announcer ] it's called ocuvite. a vitamin totally dedicated to your eyes, from the eye care expert
. >> everybody knows the economy has gone through a tough time. now middle aged couples are starting to feel the pinch and we will tell you why. that's straight ahead. >>> new orleans is getting ready for tomorrow's big game. but you know what? it's also mardi gras time. you might recognize their intricate costumes. who are the mardi gras indians? we will introduce you. >> can't wait. the capital one cashgives you 1% cash b, plus a 50% annual bonus. and everyone but her...
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Jul 27, 2013
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that confusion holds back the economy. that's just one item. the other item as i said earlier was tax structure. tort taxes in -- corporate taxes are way too high. it force companies to keep their money overseas. we have more than a trillion dollars overseas. that money is never coming back and eventually that money will be used for operating capital to start factories and provide jobs outside of this country. >> arthel: we hear you say that and folks at home are going -- >> it's true. >> arthel: no, no. let me finish. i'm not saying that you're wrong. what i'm saying is folks at home are listening to that saying if that's the case, just change the tax structure. make it more attractive for these companies to have their headquarters here, bring the jobs back home. >> that's certainly a place to start. and both sides of the aisle say that they want to reform the tax code, but nothing gets done. there is 76,000 pages in the current tax code. even president obama in his speech out in the midwest, he said he wants to broaden the base and flatten th
that confusion holds back the economy. that's just one item. the other item as i said earlier was tax structure. tort taxes in -- corporate taxes are way too high. it force companies to keep their money overseas. we have more than a trillion dollars overseas. that money is never coming back and eventually that money will be used for operating capital to start factories and provide jobs outside of this country. >> arthel: we hear you say that and folks at home are going -- >> it's...
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Aug 17, 2013
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it's hurting the housing market but the economy in general as well. brian? >> hey, doug, mom and dad's couch is looking more comfortable these days. the number of adults and seen yours living in their parent's home are doubled up with roommates is up this year by 4% according to a analysis by tru will beia. of the 2.4 million people who would have been homeowners prerecession but are now living with others 57% were 18- to 34-year-olds and the rest are split between the ages 35 to 54 and those 55 and above. economists say the so-called missing households are driving the overall demand for housing down. it's especially true for young people. many of them lacking the down payment and the credit history ies to qualify for mortgages, leaving them stuck at home. >> especially as team's job security is getting better, the cost of renting is going up. that will make others wait longer than otherwise before going out on their own. >> people like 26-year-old tera, marketing major living in her parent's home with her brothers in long island new york. why? >> she says i
it's hurting the housing market but the economy in general as well. brian? >> hey, doug, mom and dad's couch is looking more comfortable these days. the number of adults and seen yours living in their parent's home are doubled up with roommates is up this year by 4% according to a analysis by tru will beia. of the 2.4 million people who would have been homeowners prerecession but are now living with others 57% were 18- to 34-year-olds and the rest are split between the ages 35 to 54 and...
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Nov 2, 2013
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unfortunately we have a lot of barriers in the rest of the economy. for car dealers this is a wonderful time. in fact, we are looking for one for my son right now. >> may i ask what are your options? >> yes. something cheap. >> i don't blame you. how old is he? >> he is young. it will be his first car. we will find a new car, very small, new car. not a small one, but probably a ford. we will get some good financing and will probably lease it and do exactly what a lot of people are doing in this country and taking advantage of the low rates. >> why lease it versus buying? >> because probably when he goes to college we will try to get out of it, so we will get a short-term lease. we don't keep cars. we will keep a car for about four years or less. my son if he is watching he is getting a cheap car and it is going to be two or three-yearlies and he will be happy with it. >> and you know you mentioned that you switch over -- turnover the cars every four years, but a lot of people in recent times they have been hanging on to their cars for longer and longe
unfortunately we have a lot of barriers in the rest of the economy. for car dealers this is a wonderful time. in fact, we are looking for one for my son right now. >> may i ask what are your options? >> yes. something cheap. >> i don't blame you. how old is he? >> he is young. it will be his first car. we will find a new car, very small, new car. not a small one, but probably a ford. we will get some good financing and will probably lease it and do exactly what a lot of...
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Jan 5, 2013
01/13
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get past this fiscal cliff, a lot of money could come into economy. we could see a brighter second half of this year. >> jamie: we're going to hope so great to have you here. >> gregg: one of the most important jobs in the cabinet involving our national security may soon be filled. there may be a big confirmation battle over the next secretary of defense. president obama is expected to nominate this man, former nebraska senator chuck hagel. for and against his nomination straight ahead. look what mommy is having. mommy's having a french fry. yes she is, yes she is. [ bop ] [ male announcer ] could've had a v8. 100% vegetable juice, with three of your daily vegetable servings in every little bottle. [ slap! ] [ male announcer ] your favorite foods fighting you? fight back fast with tums. calcium-rich tums starts working so fast you'll forget you h heartburn. ♪ tum tum tum tum tums >>. >> gregg: sources telling fox news president obama is expected to nominate chuck hagel for secretary of defense possibly as soon as monday. he would replace the out goi
get past this fiscal cliff, a lot of money could come into economy. we could see a brighter second half of this year. >> jamie: we're going to hope so great to have you here. >> gregg: one of the most important jobs in the cabinet involving our national security may soon be filled. there may be a big confirmation battle over the next secretary of defense. president obama is expected to nominate this man, former nebraska senator chuck hagel. for and against his nomination straight...
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Oct 12, 2013
10/13
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this would have taken it off the table and given our nation's businesses and economy the certainty we need. bottom line here today, no sign of progress. we only have five days until we hit that debt ceiling. don't look forward to anymore progress this week end unless something comes from the white house meeting. it is again slated for 3:15 in the oval office. >> doug mckelway is live on a busy capitol hill. >> how do we get to this point? it started when the house voted to approve legislation which denied funding for obamacare while keeping the government open through december 15th. and then during debate in the senate, the tea party favorite senator ted cruz launched into his marathon speech against obamacare. he started on september 24th and ended 21 hours later. so with no budget deal, by midnight on october 1st, the government shutdown took affect. four days later the house voted to pay furloughed federal workers after the shutdown ends. but on october 8th, the pressure began to mount with finger .ing -- finger-pointing over failed debt ceiling negotiations. the next day the house
this would have taken it off the table and given our nation's businesses and economy the certainty we need. bottom line here today, no sign of progress. we only have five days until we hit that debt ceiling. don't look forward to anymore progress this week end unless something comes from the white house meeting. it is again slated for 3:15 in the oval office. >> doug mckelway is live on a busy capitol hill. >> how do we get to this point? it started when the house voted to approve...
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Jun 8, 2013
06/13
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economy as much as $400 billion per year, since 2006, attempted cyber attacks on the federal government are up 700%. and just last month, the "new york times" reporting a wave of cyber attacks targeting u.s. energy companies hoping to seize control of their operations. the source of the attacks reportedly somewhere in the middle east. >>> new controversy in the irs targeting scandal. agency employees are blasting attempts by high level officials to pin the blame on the cincinnati office, saying irs workers and washington were closely supervising the targeting of conservative groups. molly henneberg joins us live from washington. one of those employees says it was like a, quote, nuclear strike by top irs officials. what did she mean by that? >> that irs employee, elizabeth half ache -- hofacre, said she was appalled that higher ups were pinning this on rogue agents in cincinnati and says she and other cincinnati agents would not have the autonomy to do something like target certain conservative groups. and shep went on to say, quote, i was infuriated because they are inaccurate and every
economy as much as $400 billion per year, since 2006, attempted cyber attacks on the federal government are up 700%. and just last month, the "new york times" reporting a wave of cyber attacks targeting u.s. energy companies hoping to seize control of their operations. the source of the attacks reportedly somewhere in the middle east. >>> new controversy in the irs targeting scandal. agency employees are blasting attempts by high level officials to pin the blame on the...
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Feb 2, 2013
02/13
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but the surge was on less encouraging news on an economy that is so very 1ru8 vulnerable. joining us now is a fox news contributor. thanks for joining us, gary. >> my pleasure, thank you. >> begin by explaining to all of us what led to the surge what happened? >> the you surge has been going on for a good couple of years now with intermittent corrections and i think it more has to do with the fed printing a lot of money. we're talking about a trillion dollars. you also have europe and you also have japan and other countries doing the same. that is lick which phying markets and it's going right into the market. i think the problem going forward, look, i think emotion you know, will lift markets higher. there's disconnect with the numbers on the economy 7.9% unemployment is not a very good number. i think eventually moment is on the upswing. >> heather: take a look at the january unemployment report. it was just released yesterday. 157,000 jobs created but not enough to keep the unemployment rate steady as you mentioned. it ticked up 7.9% from 7.8 last month, so why are we s
but the surge was on less encouraging news on an economy that is so very 1ru8 vulnerable. joining us now is a fox news contributor. thanks for joining us, gary. >> my pleasure, thank you. >> begin by explaining to all of us what led to the surge what happened? >> the you surge has been going on for a good couple of years now with intermittent corrections and i think it more has to do with the fed printing a lot of money. we're talking about a trillion dollars. you also have...
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Jan 6, 2013
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when the economy was doing poorly. now it seems like we are heading in the right direction and it went back to the way it was. >> congressman duncan, you want to chime in? >> absolutely. we are in this situation because of spending. just giving the government more revenue isn't going to solve the problem. we need to have a real debate about the level of spenning and the addiction that we have. if you think the fiscal cliff was tough, wait until you get to the debt depression that's coming, assuming we raise the debt ceiling in 2 months. we have to have a true debate, in the house and the senate. we can't let the senate go through this process without a debate before the american people about the real issues, that's the drive about the deficit and the debt. that turnover concerns me and a lot of constituents. >> americans are hoping that the interest rates stay low because our problems will be vastly exacerbated if they don't. appreciate you both appearing today. >> thank you. >> are we sharing a little too much? the pi
when the economy was doing poorly. now it seems like we are heading in the right direction and it went back to the way it was. >> congressman duncan, you want to chime in? >> absolutely. we are in this situation because of spending. just giving the government more revenue isn't going to solve the problem. we need to have a real debate about the level of spenning and the addiction that we have. if you think the fiscal cliff was tough, wait until you get to the debt depression that's...
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Aug 18, 2013
08/13
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the economy. that's down from 42% in june. 62% now disapprove. this despite the president's heavy focus on the economy in a series of speeches this summer. what in the world is going on? joining us now is senior business correspondent anchor of "bulls and bears." he's lost seven points this month along. it's almost as if his barn storming speech-giving tour of the nation on the economy did more harm than good. >> yeah, i think he would have done better if he'd just stayed golfing in martha's vineyard. what's very interesting about this is the speeches are just the same old tired policies that we have tried before and have not worked. stimulus, essentially having government pay for bringing unemployment down. it didn't work with using billions of dollars. why should it work now? and i think the american people are recognizing that. >> and since he took office, 21 new or higher taxes. so i think the poll numbers are reflecting that as well. and of course economic growth is absolutely abysmal. it's b
the economy. that's down from 42% in june. 62% now disapprove. this despite the president's heavy focus on the economy in a series of speeches this summer. what in the world is going on? joining us now is senior business correspondent anchor of "bulls and bears." he's lost seven points this month along. it's almost as if his barn storming speech-giving tour of the nation on the economy did more harm than good. >> yeah, i think he would have done better if he'd just stayed...
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Feb 3, 2013
02/13
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what best for the economy? >> having older workers train younger workers and having them as a resource is the best thing for the economy. it depends, though, when the trend will reverse on the economy itself. at this point, there are some things that are looking month positive but there are a lot of negatives. we saw in the 4th quarter, g.d.p. which is the broad of the measure of the economy is in decline. we could be in another recession if that happens. >>heather: the employment numbers released on friday, 156,000 new jobs which was under the 160,000 threshhold we thought we would get. and unemployment is still high. >> people are dropping out of the workforce. we will below 365,000 a month for the next three years to get close to 6 percent unemployment. that used to be what we thought was fair employment. >>heather: any area or industry that is best for retirees if they do need to stay in the workforce? >> they will have to continue staying in 9 jobs they have because it is heard to switch over at that late
what best for the economy? >> having older workers train younger workers and having them as a resource is the best thing for the economy. it depends, though, when the trend will reverse on the economy itself. at this point, there are some things that are looking month positive but there are a lot of negatives. we saw in the 4th quarter, g.d.p. which is the broad of the measure of the economy is in decline. we could be in another recession if that happens. >>heather: the employment...
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Mar 24, 2013
03/13
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economy. >> rick: what happens if you avoided getting a credit card and you want to get a mortgage, you wanted to buy yourself a townhouse and take out a loan? >> you end up paying a lot more. you have a higher interest rate. these people are ones that don't necessarily have bad credit. >> rick: they don't have any. >> there are things that are changing, they are some rating agencies are using rented and utilities and other bills from smaller landlords, for example. if you pay your rent on time, that traditionally isn't always counted. >> rick: there are some companies that have set up a way for people to take a thin credit history and expand it so they have something to show? >> exactly. william paid, bill paid and if you automatically deduct your rent payments from your bank account they will said that on to the credit agency and it will show you pay your rent every month. so i pay your bills all the time but it doesn't show up in your credit history. >> rick: bottom line. >> listen to eilee
economy. >> rick: what happens if you avoided getting a credit card and you want to get a mortgage, you wanted to buy yourself a townhouse and take out a loan? >> you end up paying a lot more. you have a higher interest rate. these people are ones that don't necessarily have bad credit. >> rick: they don't have any. >> there are things that are changing, they are some rating agencies are using rented and utilities and other bills from smaller landlords, for example. if...
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Nov 2, 2013
11/13
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everything from salsa, tortillas and burritos and they're not just spicing up our taste buds, but the economy as well. brian yennis with the details from our new york city news room. >> hi. from burritos, from rice and beans, to chipotle flavored everything, to even tequila, these foods are now as american as apple pie. it's all thanks to the growing influence of hispanics. consider this, americans are buying tortillas more than spaghetti, macaroni, hot dog buns and even bagels. it doesn't stop there. salsa is america's number one condiment. sales in 2012 were about double that of ketchup and mustard. >> we have a different country. we have a different set of consumers who are now out there consuming most of the snacks that we buy at retail. the millenial generation, the generation behind them. they've grown up on hispanic foods. they've grown up on ethnic foods. they've grown up on tortilla chips chips and salsa. >> hispanics are the largest minority group of the millenial generation, ages 18 to 32. in 2012, hispanics food and beverage sales totaled $8.2 billion, up 8% from 2009. and that is
everything from salsa, tortillas and burritos and they're not just spicing up our taste buds, but the economy as well. brian yennis with the details from our new york city news room. >> hi. from burritos, from rice and beans, to chipotle flavored everything, to even tequila, these foods are now as american as apple pie. it's all thanks to the growing influence of hispanics. consider this, americans are buying tortillas more than spaghetti, macaroni, hot dog buns and even bagels. it...
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Oct 19, 2013
10/13
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. >> debbie and larry started the temp staffing business five year ago in what they call the worst economy ever. doing anything they could to stand out. >> i would bake sourdough bread and jam and deliver it to the prospects. >> the boutique operation have grown to 18 employees. all of whom deliver generous healthcare benefit. they manage 400 temps who can buy in a separate plan. when obamacare kicks in, all of those employees get lumped in to the same pot. >> the way the regulations work is that they count all of the hours worked by all the staff. including all the tetch rares. >> under obamacare rules, their full-time staff will suddenly leap from 18 to more than 200. they would have to provide health insurance for all of them. something they say would sink their business. >> the reality is we can't. it's just, it's too expensive. >> so the company will have no choice but to pay the fine of $2,000 per employee per year. and cancel health insurance for everyone. including their 18 current full-timers. >> it's a sad situation that they will lose their coverage that we like worse have chose
. >> debbie and larry started the temp staffing business five year ago in what they call the worst economy ever. doing anything they could to stand out. >> i would bake sourdough bread and jam and deliver it to the prospects. >> the boutique operation have grown to 18 employees. all of whom deliver generous healthcare benefit. they manage 400 temps who can buy in a separate plan. when obamacare kicks in, all of those employees get lumped in to the same pot. >> the way...
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Dec 14, 2013
12/13
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economy and health care, approval at 37 and 36. his disapproval at 60 and 61 respectively. and the deficit, a scant 29% approve. 66% disapprove. how does he turn that around? >> i think you see this typically with second term presidents. there is usually a decline in the approval numbers. i don't think this is anything near cataclysmic. i think the hire of katy is meant to strengthen the relationship between the white house and democrats in congress. obviously this is somebody who comes from the schumer world and knows the white house very well as well as congress. seems to be that this is a response to calls from members of congress who think that the white house doesn't get their hands dirty enough when it comes to implementing their own initiatives. so it seems like this is going to be a pretty strong hire for them. >> tammy, the white house, as you point out, also bringing in john podesta, who guided bill clinton through some tough times. is he up to the task here of turning things around? are they going to have to do a full scale house cleaning? >> i think they're regr
economy and health care, approval at 37 and 36. his disapproval at 60 and 61 respectively. and the deficit, a scant 29% approve. 66% disapprove. how does he turn that around? >> i think you see this typically with second term presidents. there is usually a decline in the approval numbers. i don't think this is anything near cataclysmic. i think the hire of katy is meant to strengthen the relationship between the white house and democrats in congress. obviously this is somebody who comes...
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Mar 3, 2013
03/13
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>>gregg: this poll is how does your family feel about the economy. it has taken a nose dive. >> you have had the personal income diving because of the taxes. food prices are up. gasoline is up 40 cents a gallon. that is the real world. no one talks about that. president obama overreached on the sequester. >>gregg: so you could argue against doug's thesis that he ate the republicans' lunch because 57 percent of americans think this is really the only way, the forced spending cuts, john. >> as the republican on this panel, we did get our lunch eaten and handed to us last week. the big picture here is that both parties, the political establishment is going down big time because of what is happening here. the american people are disgusted by the entire spectacle of this thing and the president in the short run will be more popular because he is a pleasant fellow and on television all the time. there is no single republican speaking. the mess juries that -- messengers are john mccain, a loser four years ago and now mitt romney is reappearing on fox, so we
>>gregg: this poll is how does your family feel about the economy. it has taken a nose dive. >> you have had the personal income diving because of the taxes. food prices are up. gasoline is up 40 cents a gallon. that is the real world. no one talks about that. president obama overreached on the sequester. >>gregg: so you could argue against doug's thesis that he ate the republicans' lunch because 57 percent of americans think this is really the only way, the forced spending...
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Apr 13, 2013
04/13
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i know charlie -- >> how good is the economy in alabama. it's horrible here in new york. >> why do you think michigan is right to work. >> i live in minnesota. >> what about right to work, is euphemism is union busting to make it more difficult to organize, period. this is one variable, what dagen state and what charlie debunked is bad statistics. you can take anything because this is the case, this is why. it's not necessarily why. >> why you ru not taking one state and average of multiple states. why picking one state and not averages. >> the way you were staig stating statistics there could be a variety of other reasons why. >> neil: there is a commonalty, 22 of that ilk are right to work and their growth is far outpace go the ones that are not. you can make a general statement south carolina's individual nuance is notwithstanding and manufacturing not exactly strong for a while. that state heavily dependent on it. you could make an argument there is a pattern here, right? >> i would make a different argument which is that those states h
i know charlie -- >> how good is the economy in alabama. it's horrible here in new york. >> why do you think michigan is right to work. >> i live in minnesota. >> what about right to work, is euphemism is union busting to make it more difficult to organize, period. this is one variable, what dagen state and what charlie debunked is bad statistics. you can take anything because this is the case, this is why. it's not necessarily why. >> why you ru not taking one...
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Nov 9, 2013
11/13
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economy. you want to believe in the recovery. now this is four-plus years after the president's so-called green chutes observation, we're struggling with almost chronic low jobs numbers. it's great that 85,000 jobs were created. but we're still talking about long-term unemployment of 4 million individuals and -- want to look for the bright spots and we beat these low expectations but from a big picture perspective is anything but robust. >> wall street seemed to be excited by the numbers, why does such a report precipitate such a rally on wall street. these at least trillions of dollar into the economy, these easy money policies, which have inflated asset prices, unfortunately, it's also devaled the dollar, which is hurting the lower income folks that often times the president talks about wanting to help. it's a credit to the companies like costco, like lockheed-martins and schwab, hitting 52-week highs. they're doing it through voluntary trade, that's why their stocks are being rewarded. it's not because of the president's polic
economy. you want to believe in the recovery. now this is four-plus years after the president's so-called green chutes observation, we're struggling with almost chronic low jobs numbers. it's great that 85,000 jobs were created. but we're still talking about long-term unemployment of 4 million individuals and -- want to look for the bright spots and we beat these low expectations but from a big picture perspective is anything but robust. >> wall street seemed to be excited by the numbers,...
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Feb 10, 2013
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>> he will talk about the economy. until now he was going to talk about the issues washington, dc, is consumed with but a new poll from pew shows the top things people are concerned about the economy, deficit, jobs, things the president did not talk about at the inaugural. at bottom were immigration, gun control legislation and the very bottom, global warming, the issues the president was going to hammer. we will see. now he is going to go with the economy and fight the sequester. speaking of hypocrisy the bill he proposed and the republicans and democrats in congress both passed, now they all deny they now how we got here. >>gregg: what do you expect, doug, from the president? >> he will say he has a job strategy as pat suggested, because the disconnect between the american people and the elites in washington could not be greater. the president knows his own popularity while greater than the republicans is hanging on a slender reed and he has to make the case he has a strategy to address the issues you are talking abo
>> he will talk about the economy. until now he was going to talk about the issues washington, dc, is consumed with but a new poll from pew shows the top things people are concerned about the economy, deficit, jobs, things the president did not talk about at the inaugural. at bottom were immigration, gun control legislation and the very bottom, global warming, the issues the president was going to hammer. we will see. now he is going to go with the economy and fight the sequester....
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Aug 17, 2013
08/13
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. >> this is a big part of the economy. and all of a sund they're going to run it and run it well and profitably? >> he's not an administrator, he's a legislator. >> fair enough, but he is overseeing the guys who will and implementing these programs. i guess what i'm getting at is we have a monstrous system that has now left the train station. democrats argue you just can't bring that train back. the train is significantly delayed. where is this going? >> the president is not going to want to do anything despite the fact there will be a big push to delay it, defund it. but i think -- >> you think that effort is a waste of time? >> i don't think it's a waste of time, but i don't think it will be successful initially. you have to keep the drums going -- >> would you shut down the government over it? would you attach that to -- >> a continuing resolution, i would. but i'm not running for re-election anywhere. >> neither is the president. >> would you, dagan? >> that's a tall order, isn't it? >> my thought is it would be very b
. >> this is a big part of the economy. and all of a sund they're going to run it and run it well and profitably? >> he's not an administrator, he's a legislator. >> fair enough, but he is overseeing the guys who will and implementing these programs. i guess what i'm getting at is we have a monstrous system that has now left the train station. democrats argue you just can't bring that train back. the train is significantly delayed. where is this going? >> the president...
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Nov 10, 2013
11/13
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unfortunately government is one-sixth of our economy and i think it's way too big for the government to chew off. >> someone said they needed governor motors. >> general motors. >> general motors they were going temperature toilet. >> we lost a lot of money as taxpayers in that. >> about how much? >> $26 billion at least. >> $26 billion. this comes as aetna ceo said he thinks insurance premiums are going to go up 20 to 50%. what happens next year, not until 2014, december 31st, the deadline for the businesses to sign up with obama care? >> a lot of businesses will drop coverage and pay the fine. there's a fine for individuals if they don't get coverage. there's a fine for businesses if they don't get coverage. they will be dumped into the exchanges. what the president didn't envision is the exchanges aren't working, not at the state level and certainly not at the federal level. there's a real disconnect. again, the other problem is what kind of insurance they will get on the exchanges. the dirty little secret of obama care, over 40% of people getting new health care insurance will be
unfortunately government is one-sixth of our economy and i think it's way too big for the government to chew off. >> someone said they needed governor motors. >> general motors. >> general motors they were going temperature toilet. >> we lost a lot of money as taxpayers in that. >> about how much? >> $26 billion at least. >> $26 billion. this comes as aetna ceo said he thinks insurance premiums are going to go up 20 to 50%. what happens next year, not...
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Dec 14, 2013
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remember, we've had a very bad economy for the last five years. a lot of people were shopping in big box stores. i think they have hard comparisons this year. i think if they come out with flat year, they'll do very well. they've been heavy in promotions. if you're selling your merchandise at 30% off, that means you have to sell a third more merchandise this year just to match last year's numbers. >> so then you're cutting into your profit maer gin there. >> yeah. and all of these reports about are top line, not bottom line. we'll very to see once we get the earnings rorpts for the current quarter how it affects the stocks. >> all right. 32 million people left to go. they may go to target. they may go to walmart. we'll see. in the meantime if people are looking for deeper discount, even deeper discounts, what should we look for? >> it looks like these apparel stores are going to have to continue to promote their items. they started the season at 30% off. they'll probably go down to 50% off to clear their merchandise so they can get ready for the s
remember, we've had a very bad economy for the last five years. a lot of people were shopping in big box stores. i think they have hard comparisons this year. i think if they come out with flat year, they'll do very well. they've been heavy in promotions. if you're selling your merchandise at 30% off, that means you have to sell a third more merchandise this year just to match last year's numbers. >> so then you're cutting into your profit maer gin there. >> yeah. and all of these...
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many other things, the economy in general, these all raise questions, benghazi, the irs, congressional members, even some on homeland security don't know where the president was the night of benghazi and now james rosen and potentially other journalists having their calls and goings on monitored, even his parents. what do you think? >> essentially the muscular misuse of power here had obama administration doing to himself what the entire republican party could not do to him in 2012. i agree with ellen completely in that this is going to affect his ability to roll out his agenda. it's never been a strong suit. he's a guy who kind of goes out and campaigns across the country. he just doesn't have the legislative chops of past presidents. i think it is going to affect him. if this continues, if the narrative continues and more things come out that show this pattern of abuse of power, then i think it could affect the 2014 elections. in 2010, it was really the health care law i think in that intervention where you saw government touching people's lives that have independents voting for repu
many other things, the economy in general, these all raise questions, benghazi, the irs, congressional members, even some on homeland security don't know where the president was the night of benghazi and now james rosen and potentially other journalists having their calls and goings on monitored, even his parents. what do you think? >> essentially the muscular misuse of power here had obama administration doing to himself what the entire republican party could not do to him in 2012. i...